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Iran president orders nuclear talks with US as Trump eyes sanctions‑lifting deal

Iranian President Masoud Pezeshkian has ordered the opening of nuclear talks with the United States, signalling a new diplomatic push even as tensions remain high over protests and Western sanctions. State aligned Fars news agency, citing an unnamed government source, said Pezeshkian instructed officials to begin negotiations with Washington on Iran’s nuclear file, a report later echoed by government newspaper Iran and reformist daily Shargh. The move comes after US President Donald Trump threatened military action and deployed an aircraft carrier group to the Middle East in response to Iran’s deadly crackdown on anti government protests that peaked last month. While ramping up pressure, Trump has repeatedly said he still hopes for a deal that would avert war. Iran’s foreign ministry spokesman Esmaeil Baqaei said Tehran is working on a method and framework for talks, with messages between the two […]

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US talks with hardline Venezuelan minister Cabello began months before raid

Officials in President Donald Trump’s administration were in quiet contact with Venezuela’s hardline interior minister Diosdado Cabello months before the US raid that seized President Nicolas Maduro on January 3, and those communications have continued since. Multiple sources say the talks were aimed at preventing further instability and focused on urging the 62‑year‑old power broker not to deploy security forces or ruling‑party militias against opposition supporters.​ Cabello controls key elements of Venezuela’s security apparatus, including intelligence services, police and parts of the armed forces, which have largely remained intact after Maduro’s removal. He is named in the same US drug‑trafficking indictment used to justify Maduro’s arrest, yet he was not detained in the operation, and discussions with Washington have also touched on sanctions and the criminal charges he faces.​ US officials see Cabello’s stance as critical to the survival of […]

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Trump’s Iran tariff threat risks reopening China rift

US President Donald Trump’s threat to impose a 25 percent tariff on any country that trades with Iran is raising fears of a renewed rift with China, Tehran’s biggest commercial partner. Analysts say the move could drag Beijing back into a trade confrontation with Washington just as both sides were trying to stabilise ties.​ Trump announced on Monday that his administration is preparing the new tariffs as part of efforts to punish Iran over its crackdown on protests and to choke off the country’s oil revenues. The proposed measure would hit major buyers of Iranian crude and goods, including China, India and several countries in Asia.​ China has repeatedly criticised unilateral US sanctions and defended its energy and trade links with Iran as legitimate under international law. Beijing is also a key player in Iran’s oil, infrastructure and technology sectors […]

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US–Venezuela oil pact angers China, cools prices

Global oil prices slipped after President Donald Trump confirmed a deal for the United States to import up to 2 billion dollars worth of Venezuelan crude that had been blocked by sanctions.​The plan would redirect an estimated 30 to 50 million barrels of stranded Venezuelan oil to US refiners, boosting supply and easing market pressure.​ China, once Venezuela’s main oil customer, criticised the move as economic coercion and accused Washington of effectively hijacking cargoes previously tied to Chinese interests.​Analysts say the shift could undercut Chinese refiners that relied on discounted Venezuelan crude and weaken Beijing’s long standing energy relationship with Caracas.​ Trump has presented the deal as a win for American motorists and Venezuelans, arguing it will lower fuel costs while putting Caracas’ oil revenues under tighter US control.​Uncertainty remains over how long the arrangement will last and how it […]

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Russia sends sub to guard tanker pursued by US

Russia has deployed a submarine and other naval vessels to escort an aging oil tanker that US forces have been trying to seize off the coast of Venezuela.​The ship, formerly known as Bella 1 and now sailing under a new name, has been tracked for weeks over alleged involvement in sanctions busting and black market oil shipments.​ According to US officials cited in media reports, the tanker had attempted to approach Venezuela to load oil but was blocked and later pursued in international waters.​Washington considers the vessel stateless and subject to boarding because it has sailed under questionable flags while linked to networks moving sanctioned Russian and Venezuelan crude.​ Moscow’s decision to send a submarine and additional naval assets marks a sharp escalation in the standoff and signals its readiness to physically shield the tanker from US interdiction.​Analysts say the […]

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Khamenei vows not to yield as Iran protests simmer and Trump issues threats

Iran’s Supreme Leader Ayatollah Ali Khamenei says the Islamic Republic “will not yield to the enemy” as anti government protests over economic hardship continue and U.S. President Donald Trump warns he is ready to intervene if demonstrators are killed.​In a televised address, Khamenei said authorities would listen to citizens with legitimate complaints but insisted that “rioters should be put in their place,” drawing a sharp line between protesters and those he accused of seeking chaos.​ Rights groups say more than 10 people have been killed and scores arrested since demonstrations flared across several provinces on Sunday, fuelled by the collapsing rial, high inflation and years of sanctions.​Reports of violence have focused on smaller western cities, where both protesters and members of the security forces have been killed or injured in clashes.​ Khamenei acknowledged that market traders and ordinary Iranians are […]

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Trump says Maduro captured and flown out of Venezuela

President Donald Trump says U.S. forces have captured Venezuelan leader Nicolás Maduro and flown him out of the country after what he called a “large scale strike” on Venezuela.​In a post on his Truth Social platform, Trump said the United States carried out a major operation against Venezuela and its president “in coordination with U.S. law enforcement,” promising to give more details at a news conference.​ The announcement followed reports of multiple explosions and sightings of low flying military aircraft over Caracas in the early hours of Saturday, with residents sharing videos of blasts, flames and plumes of smoke in several parts of the capital.​Venezuelan authorities said the strikes hit targets in Caracas and the coastal states of Miranda, Aragua and La Guaira, denouncing the action as an external attack and ordering a general mobilisation of political and social forces […]

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Maduro offers talks as US signals openness to serious dialogue

Venezuelan President Nicolas Maduro has offered an “olive branch” to U.S. President Donald Trump, proposing serious talks on issues including drug trafficking, migration and sanctions after months of post election tension and fresh U.S. pressure on Caracas.​Speaking at a military event, Maduro said he was ready for direct dialogue “with respect and equality” and suggested both countries could work together on security and economic matters if Washington eased what he called “criminal” sanctions on Venezuela’s oil sector.​ U.S. officials, while sceptical of Maduro’s intentions, have indicated Washington could engage in serious talks if there is clear progress on political prisoners, human rights and credible electoral guarantees following disputed elections that extended Maduro’s rule.​They have also hinted that U.S. sanctions could be adjusted depending on whether Caracas moves toward more inclusive politics and honours past agreements reached with the opposition in […]

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Russian billionaires prosper under Kremlin control

Amid the ongoing conflict with Ukraine, Russia has seen the number of billionaires reach record levels. Yet over Vladimir Putin’s 25-year rule, the country’s oligarchs have largely lost their political influence. This concentration of power benefits Putin. Western sanctions have not swayed the ultra-rich into opposition, while his combination of incentives and pressure ensures their quiet support. Oleg Tinkov, a former banking billionaire, experienced this pressure firsthand. After publicly criticizing the war as “crazy,” the Kremlin warned that his Tinkoff Bank would be nationalized unless he severed all connections to the institution. The bank was sold within a week for just 3% of its estimated value, leaving Tinkov with losses approaching $9 billion and prompting his departure from Russia. The situation contrasts sharply with the post-Soviet era, when Russian oligarchs gained enormous wealth and political influence by acquiring state enterprises […]

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EU leaders in crunch talks on €210bn frozen Russian assets for Ukraine

EU leaders are meeting in Brussels for high stakes talks on whether to channel around €210bn in frozen Russian assets to support Ukraine’s war effort against Russia. Most of the money is held at Belgian based clearing house Euroclear, where interest and other proceeds from the immobilised funds have been accruing since sanctions were imposed in 2022.​ The funds are seen as vital to Ukraine’s ability to keep fighting, with officials warning that Kyiv could face bankruptcy in early 2026 without fresh external support. A financial collapse would leave the government unable to pay soldiers, police, civil servants or purchase weapons and ammunition.​ Leaders are debating proposals to use the frozen Russian assets as collateral to raise long term loans for Ukraine on capital markets, leaving the principal untouched for now. Under the plan, Ukraine might not have to repay […]

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